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Explore Our Properties
1301 W CUMBERLAND STREET
1301 W CUMBERLAND STREET
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$1,300,000

1301 W CUMBERLAND STREET

16,248 Sq.Ft. 5,739 Sq.Ft.

Description

1301 W Cumberland Street is a 16,248 SF corner building on a 5,739 SF lot in North Philadelphia, delivered in shell condition and ready for a developer's vision. A use permit for 24 apartments was issued in 2021, giving a buyer a defined path to a multifamily project.

The shell condition is an advantage: there are no existing finishes to demolish and no tenants to work around. The corner position provides two street frontages, bringing light and air to multiple sides of the building and flexibility in unit layouts and entrances. At roughly 677 gross SF per permitted unit, the building suits an efficient mix of apartments.

The property sits one block off North Broad Street, close to the Broad Street Line and Temple University, in a part of the city with steady rental demand and continued investment.

Property highlights

16,248 SF building in shell condition
5,739 SF corner lot with two street frontages
Use permit issued in 2021 for 24 apartments
Zoned I-2
Close to North Broad Street, public transit, and Temple University

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Location

1301 W CUMBERLAND STREET, PHILADELPHIA, PA 19132

Status

For Sale
Joshua  Pagan

Joshua Pagan

TITLE

Real Estate Agent

Property Amenities

Area & Lot
Total area 16,248 Sq.Ft.
Lot Area 5,739 Sq.Ft.
Living area 16,248 Sq.Ft.
MLS® ID PAPH2678886
Year Built 1925
School District PHILADELPHIA CITY
Type Commercial
Status For Sale
Exterior
Air conditioning Other
Heat type Other
Disability Features None
Water Source Public
Sewer Public Sewer
Parking Parking Lot
Finance
Sales Price $1,300,000
Real Estate Tax $6,822 yearly
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Schedule a Showing

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Thank you for your interest in 1301 W CUMBERLAND STREET, PHILADELPHIA, PA 19132. We are reviewing your request and will be in touch shortly!

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North Philadelphia

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